The 10 most important economic charts of the week from the US, its trading partners, and their trading partners
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The 10 most important economic charts of the week from the US, its trading partners, and their trading partners
By
Melvin Backman
and
Melvin Backman
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The US
The American economy added 223,000 jobs in a
completely decent
jobs report
US consumers are
feeling more confident
after a brief slip earlier this year
Though not as many of them are applying for mortgages, which are experiencing
slowing growth
American commercial crude stockpiles grew
for the first time since April
Its trading partners
European unemployment didn’t change (with Germany and Greece still on
opposite ends of the spectrum
)
Brazil industrial production figures continue to deteriorate,
albeit a bit more slowly
Kenya’s economic growth
seems to be slipping
Australia’s building permits are rising at a
pretty healthy clip
Its trading partners’ trading partners
South Korea had a record trade surplus, which
isn’t as good as it sounds
More money is
flowing out of the UK
than usual
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